Deficit, Percent of own spending in Belgium
Belgium: Deficit, Percent of own spending was -0.8041 in 2020. ◆ Volatile
Deficit, Percent of own spending in Belgium, 1995–2020
Source: International Monetary Fund.
Analysis
Belgium recorded -0.8041 for deficit, percent of own spending in 2020. That is the lowest value across all 26 years on record.
That represents a change of down 230.4% on the previous year and down 195.6% over ten years.
Over the whole period, deficit, percent of own spending in Belgium peaked at -0.0111 in 2006 and was at its lowest, -0.8041, in 2020.
Belgium ranks 64th of 66 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | -0.2391 | — |
| 1996 | -0.2198 | -8.1% |
| 1997 | -0.1593 | -27.5% |
| 1998 | -0.1153 | -27.6% |
| 1999 | -0.1121 | -2.8% |
| 2000 | -0.0304 | -72.9% |
| 2001 | -0.0826 | +172.1% |
| 2002 | -0.0185 | -77.6% |
| 2003 | -0.117 | +533.1% |
| 2004 | -0.0168 | -85.6% |
| 2005 | -0.2109 | +1154.4% |
| 2006 | -0.0111 | -94.8% |
| 2007 | -0.0822 | +643.1% |
| 2008 | -0.1432 | +74.3% |
| 2009 | -0.339 | +136.8% |
| 2010 | -0.272 | -19.8% |
| 2011 | -0.3164 | +16.3% |
| 2012 | -0.2918 | -7.8% |
| 2013 | -0.2307 | -20.9% |
| 2014 | -0.2272 | -1.5% |
| 2015 | -0.1269 | -44.2% |
| 2016 | -0.2897 | +128.4% |
| 2017 | -0.152 | -47.5% |
| 2018 | -0.0279 | -81.7% |
| 2019 | -0.2433 | +772.4% |
| 2020 | -0.8041 | +230.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.1691 | -0.2391 | -0.1121 | 5 |
| 2000s | -0.1052 | -0.339 | -0.0111 | 10 |
| 2010s | -0.2178 | -0.3164 | -0.0279 | 10 |
| 2020s | -0.8041 | -0.8041 | -0.8041 | 1 |
Countries ranked near Belgium
- 61 Kazakhstan -0.5697 compare
- 62 United States -0.6264 compare
- 63 Peru -0.646 compare
- 65 Spain -0.8351 compare
- 66 Japan -1.25 compare
More public sector data for Belgium
- Arms imports 515.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 43.43 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -92.94 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 515.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 721.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0128 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.22 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.56 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 393.52 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is deficit, percent of own spending in Belgium?
- Deficit, percent of own spending in Belgium was -0.8041 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Belgium?
- The highest recorded value was -0.0111 in 2006.
- What is the lowest deficit, percent of own spending recorded in Belgium?
- The lowest recorded value was -0.8041 in 2020.
- How does Belgium rank for deficit, percent of own spending?
- Belgium ranks 64th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Belgium?
- Over the last ten years it is down 195.6%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.